International Rating Agency, Moody's Downgrades 9 Top Nigerian Banks

International Rating Agency, Moody’s Downgrades 9 Top Nigerian Banks

Nigerian banks have been downgraded by Moody’s, an International rating agency based in the US According to the agency, the downgrade is due to Nigeria’s worsening economic outlook especially with recent reports that fraud via payment channels has increased by over 200 per cent Moody’s Investors Service, an International rating agency therefore, devalued the 9 […]

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